Mr Cooper Group Inc (COOP): BTS: We Signed Releases! It's a Non-...

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Re: Boris the Spider post# 672520

Friday, 11/12/2021 7:38:24 PM

Friday, November 12, 2021 7:38:24 PM

BTS: We Signed Releases! It's a Non-Taxable Settlement! Agreed!

You said ...

IMO any escrow payment is a settlement and non taxable.

We never bought these escrow shares so there is no basis to be considered LTCG. They were given to us as a settlement for our releases.

Thus, any payment is settlement money. I think the IRS would have a tough time fighting that in court.

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